Excess Crude Account

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele on Thursday declined to provide insight into the withdrawal of the whooping sum of $11 billion withdrawn from the Excess Crude Account (ECA) between 2005 and 2007 for the…

Amidst the growing security challenge facing the country, erstwhile deputy national publicity secretary of the All Progressives Congress (APC), Comrade Timi Frank has asked the present administration of President Muhammadu Buhari to give…

The Peoples Democratic Party (PDP) on Thursday observed that “the revelation of furtive depletion and syphoning of $1.68 billion” from the Excess Crude Account (ECA), further shows that President Muhammadu Buhari presides over a corrupt…

Governors of the 36 states of the federation have agreed to concede $1 billion from the Excess Crude Account (ECA) to the Federal Government to enable it to prosecute the ongoing war against insurgency in the North-East. The ECA is a…

THE Senate, on Tuesday, passed the 2018 budget estimates through the second reading after an exhaustive debate on the general principles of the budget estimates. The lawmakers, who did most of the debate up to Thursday last…